The News That Matters about the Nuclear Industry

Trump administration announced new sanctions against China and Russia

U.S. Imposes Sanctions on China and Russia Over North Korea’s Nuclear Program, NYT, By EILEEN SULLIVAN, AUG. 22, 2017WASHINGTON — The Trump administration announced new sanctions against China and Russia on Tuesday as part of its campaign to pressure North Korea to stop its development of nuclear weapons and missiles.

The new sanctions affect six individuals and 10 organizations with financial ties to Pyongyang’s weapons program. Tension between the United States and North Korea has escalated over North Korea’s recent missile tests.

“It is unacceptable for individuals and companies in China, Russia, and elsewhere to enable North Korea to generate income used to develop weapons of mass destruction and destabilize the region,” Steven Mnuchin, the Treasury secretary, said in a statement on Tuesday.